01:06:19

CryptoCrypto Daily Briefing

Binance Agrees to Acquire FTX

Featuring Jason Schwartz, Jack Niewold, Marco Olivera, and Ash Bennington

November 08 at 4:00PM • 66 minutes

Crypto

Crypto Daily Briefing

Binance Agrees to Acquire FTX

His empire crumbling, Sam Bankman-Fried tweeted word of a truce that favors users.

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Featuring Jason Schwartz, Jack Niewold, Marco Olivera, and Ash Bennington

November 08 at 4:00PM • 66 minutes

“We have come to an agreement on a strategic transaction with Binance for FTX.com,” tweeted FTX CEO Sam Bankman-Fried at 11:03 a.m. ET, thus containing what threatened to be the crypto industry’s greatest meltdown. That agreement, however, means Binance will acquire FTX and “help cover the liquidity crunch,” as CZ put it in his tweet announcing the ceasefire. As the dust settles, Ash Bennington and Marco Olivera welcome Jack Niewold, the founder of the Crypto Pragmatist newsletter, to talk about where FTX, Binance, and the industry go from here. Later, Jason Schwartz, a tax partner and the co-head of digital assets at law firm Fried Frank, joins Ash and Marco to discuss the broader implications of LBRY’s landmark case against the U.S. Securities and Exchange Commission. We want to hear from you too – please share your questions, comments and suggestions! Editor’s Note: Our live chat feature will be unavailable for four to six weeks as we upgrade our video player technology. We apologize for the temporary loss of function. But we assure you the upgrade will more than justify the wait. In the meantime, we will be monitoring the comments section. So, in addition to conversing with your fellow community members, please share your questions there.

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Crypto Daily Briefing brings you live daily analysis and in-depth interviews with the world s leading financial experts so that you can cut through the noise and hype and leave with key takeaways for investing in crypto, Web3 and beyond. Live from Monday to Friday, at 9am PT/12pm ET/5pm UTC.

More Episodes

Crypto Daily Briefing brings you live daily analysis and in-depth interviews with the world s leading financial experts so that you can cut through the noise and hype and leave with key takeaways for investing in crypto, Web3 and beyond. Live from Monday to Friday, at 9am PT/12pm ET/5pm UTC.

More Episodes

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